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Western Magnesium Corp V.WMG.H

Alternate Symbol(s):  MLYF

Western Magnesium Corporation is a producer of green primary magnesium metal. The Company is focused on plant operations and magnesium production. It uses a continuous silicothermic process to produce magnesium with low labor and energy costs while generating minimal waste and toxic by-products. The Company's technology eliminates inefficiencies and allows for a continuous, mass production of magnesium. Its magnesium is used for technological advancement opportunities for American industries including auto, airline, aerospace, and protecting national security interests with the department of defense.


TSXV:WMG.H - Post by User

Bullboard Posts
Comment by Darshan2on Jul 03, 2015 11:15pm
105 Views
Post# 23891314

RE:Well I guess the guys that are writing the cheque

RE:Well I guess the guys that are writing the chequeIt's my understanding that Mr. Lothar Maruhn of Scanmag AS is the writer of checks and has performed this task for other Norwegian business interests in the past...I also applaud Mr. Ed Lee for scheduling payments of $83,000 per month over a 3 year period...It will certainly keep the doors open for years to come as we move forward developing a mine in Nevada...I'd also add that imo this stock continues to be a buy even at $0.05...I sold tens of thousands oz. of physical silver @ $45.00 & 46.00 back in 2011....I bought that silver for 3.00-$4.00 in 2001...I believe this play will pay off the same if one has the patience...as I've said previously I'd like to see at some point when all the loan is paid for the development of the Nevada mine...a nice quarterly dividend check...till then I remain a buyer and holder of NVM...GLTA
Bullboard Posts